Regulatory Alerts2020-03-05
Added
Notice DIPOP-N02 on Policy Owners' Protection Scheme Returns
The Monetary Authority of Singapore issues Notice DIPOP-N02 to mandate reporting requirements for Policy Owners' Protection Scheme members. The notice specifies the reporting formats for protected liabilities, coupon deposits, and unclaimed monies for life business, as well as gross premiums and protected liabilities for general business. These requirements apply to all direct insurers carrying on life or general insurance business who are PPF Scheme members.
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